DAS Solar Earns “A” Rating in Q3 2024 PV ModuleTech Bankability Ratings Report

2024-10-24

Quzhou, Oct. 24, 2024 - DAS Solar, a leader in N-type PV technology, was once again awarded an A-rating in PV Tech's Q3 2024 PV ModuleTech Bankability Ratings report. The achievement highlights the company's strong competitiveness in the global market, thanks to its leading N-type technology, outstanding manufacturing capabilities, and solid financial position.

 

 

The PV Tech bankability rating system is widely recognized as an authoritative analytical tool in the industry, designed to comprehensively evaluate the reliability and bankability of PV module manufacturers. The system assesses not only short-term performance but also long-term growth potential and market competitiveness. It conducts a comprehensive analysis of factors including production capacity, shipment volume, R&D capabilities, product reliability, and financial stability.

 

As a leading global module manufacturer, DAS Solar has long focused on technological innovation, leading the advancement and iteration of cutting-edge technologies in the industry. Since pioneering the N-type TOPCon technology in 2019, DAS Solar has repeatedly set new records for N-type TOPCon large-area cell conversion efficiency. Currently, the mass production efficiency of the company's TOPCon 4.0 Plus cells has surpassed 26.7%, with a maximum module output power of 610.15W and a full-area module conversion efficiency of 24.02%. DAS Solar holds over 500 authorized patents and continues to lead in N-type technology innovation. Additionally, the company has engaged in deep industry-academia collaborations with renowned universities such as the University of New South Wales, working together to push cell efficiency towards the target of 40%.

 

By virtue of stringent quality control, DAS Solar ensures the highest quality for every module that leaves its factory. Since the launch of the N-type series, these high-efficiency, stable, and reliable modules have been well received by global customers, maintaining a leading market share. DAS Solar now operates over ten production bases in locations such as Zhejiang, Jiangsu, Hubei, Fujian and Guizhou, providing strong manufacturing capacity with a stable supply. While expanding its decentralized manufacturing model domestically, DAS Solar has steadily pursued its international expansion strategy, establishing subsidiaries in Germany, Australia and Japan, and collaborating with many well-known overseas enterprises to deliver advanced technology, high-quality products, and comprehensive services to local markets.

 

By continuously optimizing its governance structure and enhancing its core competitiveness, DAS Solar has achieved consecutive years of growth in both revenue and shipment volumes. The company has secured a spot on BloombergNEF’s Tier 1 module manufacturer list and has consistently ranked among the Global TOP500 Renewable Energy Enterprises, maintaining a TOP10 position in global module shipments. In addition, DAS Solar has obtained certifications from Achilles, a globally recognized supply chain management platform; the ECS certification in France, which assesses and verifies the carbon footprint of products; and the EPD certification in Italy, which evaluates the environmental impact of products throughout their entire life cycle.

 

The A-rating in bankability underscores the trust and recognition from the financial markets, the solar industry, and authoritative third-party institutions, affirming DAS Solar's technological strength, manufacturing capabilities, brand value, and profitability across multiple dimensions. In the future, DAS Solar will continue to uphold its customer-centric values, strengthen R&D innovation, and contribute to building a net-zero and sustainable future with its all-scenario solutions.

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